An Interesting Comparison
Revenant's recent post about FUNKO POP figures has me thinking about the many parallels between the current numismatic market and the comic/pop culture market. Earlier today, I saw a press release from Coin World about plans to celebrate the 150th Anniversary of the Carson City Mint. According to the Press Release, on 01 August, The Carson City Mint Building will fire up one of its Coin Presses and mint 200 copies of the 1870-CC Half Dollar (with the word COPY stamped in the field, in pure silver). If you want to obtain one of the first 200, you must buy a ticket to the release party, $140-$150, and then you must participate in a lottery to find out what your number of the 200 struck, will be yours. On 02 August, a further 2800 will be struck for the general public to buy for their retirement portfolio. I am assuming the numbers from 201-3000 will be sent either randomly or based on your order date. Anyway, getting back to the original point, this kind of parallels the Comic Market of the 90's and 00's. A lot of hype, a lot of "limited editions", and a lot of cost for something that is probably doomed to become relatively valueless over time. Even with pure silver content, they will each have less than an ounce of silver, and will be worth about $7 at current spot. $140 cost to get a piece of silver worth $7. Sounds like the ultimate deal to me.
- Crawtomatic and W.K.F.
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